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Two-Unit Duplex with Elevator
For Sale
$3,425,000

840-842 WESLEY Avenue, Ocean City, NJ 08226

Multi-Family, OCEAN CITY, NJ

Property Size3,372 SF
Lot Size0.11 Acres
Price / SF$1,015
Days on Market13

Property Features for 840-842 WESLEY Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 5
Parking features Garage, Driveway
Fireplace 1
Subdivision NONE AVAILABLE
Elementary school district OCEAN CITY SCHOOLS
Middle school district OCEAN CITY SCHOOLS
High school district OCEAN CITY SCHOOLS
Standard status Active
Size 3,372 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Annual Amount 15512

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

private ground-level outdoor showers
bonus ground-level cabana room
private elevator
multiple decks
ground-level recreation space

Building Details

Year built 2017
Number of units 2
Building materials Brick Veneer, Vinyl Siding
Architectural style Other
Listing Agency: Realty Mark Advantage
Listed By: Melissa Nallen · License #1757914
Added: Oct 11 Changed: Oct 22 Last Checked: Oct 23 at 7:06PM
MLS# NJCM2008114

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 2017, this duplex contains two residences with a combined 3,372 square feet, 10 bedrooms and 6 full bathrooms. Each unit has five bedrooms and three baths, along with living space and outdoor areas. Ground-level recreation space serves both units; one residence also has a cabana room, while the upper-level unit includes a private elevator. Decks, outdoor showers, a garage and driveway add to the property’s features. Both units are offered furnished, excluding personal items, and include beach gear and other recreational items.

The 0.1102-acre property is located in Ocean City, blocks from the beach, Boardwalk, Asbury Avenue shopping, restaurants and entertainment. The two residences may be used or rented separately or together, and the property has an established rental history.

Key Highlights

  • Two residences with 10 bedrooms and 6 full bathrooms combined
  • 3,372 square feet on a 0.1102‑acre lot
  • Built in 2017

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,588
Businesses Nearby

Demographics for 08226, NJ

11,229
Population
20,905
Households
0.5
Avg Household Size
57
Median Age
55%
College-Educated
97%
High-School Grad
6.8 sq mi
ZIP Area
1,651
Density / Sq Mi
$101,782
Median Household Income
$54,323
Median Earnings
$1,670
Median Rent
$719,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two furnished residences offer separate or combined occupancy, with recreation areas and outdoor space for guests.
Where is this duplex located?
The property is located at 840-842 WESLEY Avenue Ocean City, NJ.
What is the asking price?
The asking price for this property is $3,425,000.
What are key features of this property?
This property features: Two residences with 10 bedrooms and 6 full bathrooms combined; 3,372 square feet on a 0.1102‑acre lot; Built in 2017
More about this property
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